2021-12-06T12:05:16-06:00 2021-06-30 205857627 TMH P O DRAWER 15099 HATTIESBURG MS 394045099 990 2020-07-01 640329300 WILLIAM CAREY UNIVERSITY WILL 6013186193 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 GRANT GUTHRIE VP BUSINESS & CFO 6013186193 2021-12-06 1 GRANT GUTHRIE 999009999 SUSAN A RILEY CPA P00144776 6012643519 2021-11-23 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR RAYMOND T KING 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 93817066 0 X WMCAREY.EDU X 1892 MS AS A CHRISTIAN UNIVERSITY WHICH EMBRACES ITS BAPTIST HERITAGE AND NAMESAKE, WILLIAM CAREY UNIVERSITY PROVIDES QUALITY EDUCATIONAL PROGRAMS WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY, WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. 24 24 1239 30 101325 97122 9420176 11509298 67160910 79492198 1268248 2036682 356144 378271 78205478 93416449 11953056 12712839 0 0 38370256 40952644 35955 33000 483841 25046644 30087142 75405911 83785625 2799567 9630824 250187217 258133608 60742169 56010403 189445048 202123205 X AS A CHRISTIAN UNIVERSITY WHICH EMBRACES ITS BAPTIST HERITAGE AND NAMESAKE, WILLIAM CAREY UNIVERSITY PROVIDES QUALITY EDUCATIONAL PROGRAMS, WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY, WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. 0 1 38316999 76724069 ACADEMIC PROGRAMSTHE UNIVERSITY MAINTAINS UNDERGRADUATE AND GRADUATE PROGRAMS AT THREECAMPUSES. ENROLLMENT HAS GROWN TO INCLUDE OVER 5,000 STUDENTS. THE UNIVERSITY DESIGNS AND OPERATES ITS PROGRAMS TO ENCOURAGE EACH STUDENT TO DEVELOP HIS/HER HIGHEST POTENTIAL IN LIBERAL ARTS AND/OR PROFESSIONAL EDUCATION. 12712839 12712839 STUDENT AIDDIRECT AID TO STUDENTS PRIMARILY FROM INSTITUTIONAL FUNDS 4698307 2666804 AUXILIARY ENTERPRISES INCLUDE DINING, HOUSING, AND ATHLETICS.AUXILIARY PROGRAMS PROVIDE HOUSING AND DINING SERVICES FOR THE STUDENTS WHO NEED OR WANT TO LIVE ON CAMPUS. THE ATHLETIC PROGRAMS ENCOURAGE LOYALTY TO THE UNIVERSITY AND A SENSE OF UNITY AMONG STUDENTS AND FACULTY. IN PROVIDING THESE PROGRAMS, THE UNIVERSITY ENCOURAGES THE EXERCISE OF STUDENT TALENT, WHICH ENHANCES THE LEARNING EXPERIENCES OF THE STUDENTS INVOLVED. 379066 MISCELLANEOUS REVENUE 379066 55728145 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 207 0 1239 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AL AR FL IA LA MS NC OH SC TN VA WV WI X X X GRANT GUTHRIE VP BUS AFF CFO 6013186193 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 REVEREND BEN CARLISLE TRUSTEE 1.00 X 0 0 0 DR WILLIAM K RAY CHAIRMAN, BOD 1.00 X X 0 0 0 REVEREND ROSSIE FRANCIS TRUSTEE 1.00 X 0 0 0 MRS LORI EDNEY TRUSTEE 1.00 X 0 0 0 MR PHIL HANBERRY TRUSTEE 1.00 X 0 0 0 MR ALAN SUDDUTH TRUSTEE 1.00 X 0 0 0 MR MACK GRUBBS TRUSTEE 1.00 X 0 0 0 DR DAVID MILLICAN TRUSTEE 1.00 X 0 0 0 DR ALLISON MOFFETT TRUSTEE 1.00 X 0 0 0 DR JIMMY STEWART VICE CHAIRMAN, BOD 1.00 X X 0 0 0 ROBERT SULLIVAN TRUSTEE 1.00 X 0 0 0 DR DAN HULL TRUSTEE 1.00 X 0 0 0 MR ODEAN BUSBY TRUSTEE 1.00 X 0 0 0 MRS NELL HENDERSON TRUSTEE 1.00 X 0 0 0 DR RAYMON LEAKE TRUSTEE 1.00 X 0 0 0 DR ERIC LINDSTROM TRUSTEE 1.00 X 0 0 0 MRS BRENDA ROSS TRUSTEE 1.00 X 0 0 0 DR LARUE STEPHENS TRUSTEE 1.00 X 0 0 0 MS DORIS TULLOS TRUSTEE 1.00 X 0 0 0 MR TED BOWER TRUSTEE 1.00 X 0 0 0 MR GARY FORDHAM TRUSTEE 1.00 X 0 0 0 DR GARY GORDAN TRUSTEE 1.00 X 0 0 0 MR BRETT JONES TRUSTEE 1.00 X 0 0 0 HON CHARLES PICKERING SR TRUSTEE 1.00 X 0 0 0 ASHLEY GRANT GUTHRIE VP BUSINESS AFF & CFO 40.00 X 129241 0 22459 DR RAYMOND T KING PRESIDENT & CEO 40.00 X 299850 0 22598 BENJAMIN BURNETT PROF & EXEC VP 40.00 X 133257 0 14212 DANIEL CALDWELL ACADEMIC VP & PROVOST 40.00 X 109130 0 19828 ITALO SUBBARAO DEAN OF OSTEOPATHIC MEDICI 40.00 X 353152 0 21425 JANET WILLIAMS PROF & ASSC VP 40.00 X 150966 0 22547 MICHAEL MALLOY DEAN OF PHARMACY SCHOOL 40.00 X 228308 0 14485 JULIUS SPEED PROFESSOR & SR ASSOC DEAN 40.00 X 240228 0 17772 MELISSA STEPHENS ASSOC DEANPOPLUATION HEALTH & GME 40.00 X 213777 0 14087 EDWARD FRIEDLANDER PROFESSOR 40.00 X 205478 0 13552 TONYA CREECH ASST PROFESSOR 40.00 X 203791 0 6775 DR GARRY BRELAND FORMER PROVOST & VP OF ACAD AFFAIRS 40.00 X 143318 0 20865 2410496 0 210605 63 1 1 0 HANCO CORPORATION PO BOX 17678 HATTIESBURG MS 39404 CONSTRUCTION COMPANY 4776510 MAC'S CONSTRUCTION COMPANY INC 6555 HWY 98W STE 13 HATTIESBURG MS 39402 CONSTRUCTION COMPANY 4095832 MMI DINING SYSTEMS LLC 1000 RED FERN PLACE FLOWOOD MS 39232 FOOD SERVICE 1305576 ALBERT & ROBINSON ARCHITECTS PO BOX 1567 HATTIESBURG MS 39403 ARCHITECTURAL SERVICE 490825 BARNES & NOBLE BOOKSTORE PO BOX 823660 PHILADEPHIA PA 19182 TEXTBOOK SUPPLIER 476218 9 24421 5720896 5763981 26890 11509298 EDUATION & GENERAL REVENUE 611310 76724069 76724069 AUXILIARY INCOME 611310 2666804 2666804 ADVERTISING 541800 101325 101325 79492198 833605 833605 1098 1098 45050 0 45050 45050 45050 1573601 4004 374528 0 1199073 4004 1203077 4004 1199073 28200 24421 26089 2111 2111 OTHER REVENUE 900099 330012 330012 330012 93416449 79769939 101325 2035887 X 12712839 12712839 1329619 701600 628019 32289627 28009732 3958982 320913 1422535 1136687 274710 11138 3629397 2755475 828421 45501 2281466 1952354 302544 26568 33000 33000 3985746 2649198 1336548 292572 139943 145165 7464 356119 215630 125246 15243 809854 530637 278425 792 2366342 16246 2350096 548218 468543 77977 1698 592573 539570 44605 8398 1037299 1037299 9455698 9455698 1731444 571338 1160106 UBI TAX 11108 11108 OTHER EXPENSES 7502981 2047678 5448687 6616 LIBRARY RESOURCES 610747 610747 DUES & SUBSCRIPTIONS 519523 403010 110003 6510 266918 266918 83785625 55728145 27573639 483841 20750816 16469208 12009657 13201585 8801788 7963693 65207 45422 14250 122788 254282237 65330855 182559966 188951382 22412127 27225423 3573406 4154107 250187217 258133608 4359885 5111645 5850508 4590989 50352602 46171032 179174 136737 60742169 56010403 X 160994642 169251833 28450406 32871372 189445048 202123205 250187217 258133608 X 9630824 3031340 15999 -6 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0 20.00 800 0 1467066 X X X 0 22412126 938196 4965979 1081257 9622 27225422 21123449 462751 835648 379 9343 22412126 19288129 475362 1713400 343099 10343 21123449 18527935 580633 435487 255926 19288129 16857250 1257071 556100 142489 18527935 1.00000 1 0 14869290 14869290 184970708 35115535 149855173 159192 159192 0 31961958 23847574 8114384 22321089 6208554 16112535 188951382 LEASES PAYABLE 136737 136737 83777035 3031340 15999 26089 3073428 80703607 12712842 12712842 93416449 71098878 26092 26092 71072786 12712839 12712839 83785625 PART II, LINE 9: NATURE RESERVE REPORTED AS "LAND" ON THE BALANCE SHEET. PART III, LINE 4: THE COLLECTION CONSISTS OF ART FROM THE LUCILLE PARKER COLLECTION AND THE SARAH GILLESPIE MUSEUM; RARE BOOKS, ARTIFACTS, ART, MANUSCRIPTS IN THE CENTER FOR THE STUDY OF THE LIFE AND WORK OF WILLIAM CAREY; AND RARE BOOKS, ARTIFACTS, FURNITURE, ART, AND MANUSCRIPTS FROM THE DICKINSON COLLECTION. THE ABOVE COLLECTIONS FURTHER WILLIAM CAREY UNIVERSITY'S MISSION AS AN EXEMPT ORGANIZATION BY PROVIDING RESOURCES FOR SCHOLARLY RESEARCH, PRESERVING ART FOR APPRECIATION AND STUDY IN AN EDUCATIONAL CONTEXT, AND GATHERING MATERIALS TOGETHER IN ORDER TO MAKE THEM AVAILABLE TO A BROADER COMMUNITY. PART V, LINE 4: ENDOWMENT IS PRIMARILY USED TO FUND SCHOLARSHIPS, ACADEMIC PROGRAM ACTIVITIES, PROFESSORIAL CHAIRS, AND GENERAL OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED NET - $26,089 PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID - $12,712,839 ROUNDING - $3 PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED NET - $26,089 ROUNDING - $3 PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID - $12,712,839 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLICIZES ITS NONDISCRIMINATORY POLICY TOWARD STUDENTS AT THE BEGINNING OF EACH SCHOOL YEAR. THIS ADVERTISEMENT IS PUBLISHED IN THE LARGEST NEWSPAPERS AT ALL THREE CAMPUS LOCATIONS. THE POLICY IS ALSO DISPLAYED ON THE WEBSITE. SCHEDULE E, PART I, LINE 6 SCHEDULE E, PAGE 1, #6A - FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS - FEDERAL WORK-STUDY PROGRAM - FEDERAL PERKINS LOAN PROGRAM - FEDERAL PELL GRANT PROGRAM - FEDERAL DIRECT STUDENT LOANS - TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS - HIGHER EDUCATION EMERGENCY RELIEF FUND X X X 1 PHILANTHROCORP 111 SOUTH TEJON STREET SUITE 520 COLORADO SPRINGS CO 80903 PROVIDE INFORMATION REGARDING PLANNED GIVING 0 0 33000 0 33000 AL AR FL IA LA MS NC OH SC TN VA WV WI GOLF TOURNAMENT 30725 11175 19550 20343 SBLA 10596 4866 5730 2547 1 11300 8380 2920 3199 52621 24421 28200 26089 26089 2111 SCHEDULE G, PART I, LINE 2B, COLUMN (V) FUNDRAISER WAS PAID $33,000 FOR PROFESSIONAL FUNDRAISER SERVICES. 1 SCHOLARSHIPS FOR STUDENTS 2819 12712839 PART I, LINE 2: ALL SCHOLARSHIPS AND GRANTS ARE ADMINISTERED WITHIN THE GUIDELINES OF THE DEPARTMENT OF EDUCATION. WILLIAM CAREY UNIVERSITY'S FINANCIAL AID AND BUSINESS DEPARTMENTS MONITOR THE PROGRAMS TO ASSURE THAT THEY FOLLOW FEDERAL GUIDELINES. THE INDEPENDENT AUDITORS PERFORM AN AUDIT ON ALL FEDERAL PROGRAMS ANNUALLY. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ITALO SUBBARAO DEAN OF OSTEOPATHIC MEDICI 353125 0 0 0 27 0 13750 0 7675 0 374577 0 0 0 DR RAYMOND T KING PRESIDENT & CEO 296865 0 0 0 2985 0 15000 0 7598 0 322448 0 0 0 JULIUS SPEED PROFESSOR & SR ASSOC DEAN 240000 0 0 0 228 0 10097 0 7675 0 258000 0 0 0 MICHAEL MALLOY DEAN OF PHARMACY SCHOOL 228080 0 0 0 228 0 6810 0 7675 0 242793 0 0 0 MELISSA STEPHENS ASSOC DEANPOPLUATION HEALTH & GME 213750 0 0 0 27 0 6412 0 7675 0 227864 0 0 0 EDWARD FRIEDLANDER PROFESSOR 205250 0 0 0 228 0 5888 0 7664 0 219030 0 0 0 TONYA CREECH ASST PROFESSOR 203750 0 0 0 41 0 6112 0 663 0 210566 0 0 0 JANET WILLIAMS PROF & ASSC VP 150580 0 0 0 386 0 15000 0 7547 0 173513 0 0 0 DR GARRY BRELAND FORMER PROVOST & VP OF ACAD AFFAIRS 143090 0 0 0 228 0 13434 0 7431 0 164183 0 0 0 ASHLEY GRANT GUTHRIE VP BUSINESS AFF & CFO 129214 0 0 0 27 0 15000 0 7459 0 151700 0 0 0 PART I, LINE 1A EMPLOYEES WHO ARE ORDAINED MINISTERS QUALIFY FOR HOUSING ALLOWANCES. THE AMOUNT OF THE HOUSING ALLOWANCE IS INCLUDED IN FORM 990,PART VII, SECTION A, COLUMN F. THE HOUSING ALLOWANCE IS ALSO REPORTED ON THE W-2, BOX 14. THE FOLLOWING ORDAINED MINISTERS REPORTED IN FORM 990,PART VII, SECTION A, COLUMN F, RECEIVED HOUSING ALLOWANCE: DRS. GARRY BRELAND, RAYMOND KING, AND DANIEL CALDWELL. X 2 3930 FAIR MARKET VALUE X 21863 COST X MEALS 1 1097 COST 1 0 0 0 FORM 990, PART III, LINE 3 WCU DOUBLED THE CLASS SIZE IN ITS COLLEGE OF MEDICINE. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COPY OF FORM 990 IS PRESENTED IN PERSON, MAILED, OR EMAILED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. THE RETURN MUST BE REVIEWED BY THE BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE MUST SIGN A CONFLICT OF INTEREST CERTIFICATION EACH YEAR. EACH CERTIFICATION IS REVIEWED BY THE APPROPRIATE BODY (ADMINISTRATION OR GOVERNING BOARD), AND MATTERS REQUIRING RESOLUTION ARE RESEARCHED, DISCUSSED, AND ACTED UPON AS NEEDED TO ENSURE THE NECESSARY DISCLOSURE AND AVOIDANCE OF CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND MEETS ANNUALLY REGARDING THE CHIEF EXECUTIVE'S COMPENSATION. THIS COMMITTEE OFTEN DETERMINES THE COMPENSATION OF THE PRESIDENT BASED ON COMPARABILITY DATA FROM OTHER UNIVERSITIES OF SIMILAR SIZE AND DELIBERATION AMONG THE MEMBERS. AFTER THE COMMITTEE REACHES A CONCLUSION, THEY MAKE A RECOMMENDATION TO THE TRUSTEES. THE TRUSTEES THEN DISCUSS AND VOTE ON THE RECOMMENDATION OF THE COMMITTEE. ALL DISCUSSIONS CONCERNING EXECUTIVE COMPENSATION ARE RECORDED IN THE MINUTES OF THE MEETINGS FOR SUBSTANTIATION PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE BY REQUESTING A COPY FROM THE BUSINESS OFFICE THROUGH THE CFO, THE GUIDESTAR WEBSITE, OR UNIVERSITY'S WEBSITE. CONFLICT OF INTEREST POLICY AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO ALL EMPLOYEES ON OUR INTERNAL WEBSITE. THESE ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E ATHLETIC SUPPLIES: PROGRAM SERVICE EXPENSES 266,918. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 266,918. FORM 990, PART XI, LINE 9: ROUNDING -6. FORM 990, PART XII, LINE 2C PROCESS IS UNCHANGED FROM PRIOR YEAR.